Investment of nearly $6 billion! CATL‘s joint project with Indonesia breaks ground

Recently, a groundbreaking ceremony was held for an integrated nickel resource and battery industry project in Indonesia, jointly invested by Puyan Era (CBL), a subsidiary of Contemporary Amperex Technology Co. Limited (CATL), Indonesia's state-owned mining company ANTAM, and Indonesia Battery Corporation (IBC). The project is expected to have a total future investment of nearly $6 billion, with planned annual battery production capable of supporting 200,000 to 300,000 electric vehicles, and will further expand into the energy storage sector.

The project spans over 2,000 hectares, including nickel mining and smelting, battery material manufacturing, and battery recycling projects in East Halmahera, North Maluku Province, as well as a battery manufacturing facility in Karawang, West Java Province. The first phase of the Karawang battery plant has a planned capacity of 6.9 GWh.

CATL will also establish Indonesia's first renewable energy recycling system using Brunp's Directed Recycling Technology (DRT), leveraging advanced technologies and renewable energy sources to achieve ultra-low energy consumption and regenerate high-value battery materials with a metal recovery rate exceeding 95%. Upon full operation, the project is expected to produce 142,000 tons of nickel and 30,000 tons of cathode materials annually, while having the capacity to process approximately 20,000 tons of spent batteries per year.